BUZZ-Sable Offshore shares fall as refinery shutdown hampers crude sales, putting pressure on cash flow

November 9 - ** Shares of oil and natural gas producer Sable Offshore (SOC.N) fell 9.3% to $1.75 in pre-market trading

** SOC said it is exploring various options to address short-term working capital constraints caused by a disruption in downstream buyer procurement

** Says it is evaluating the possibility of selling its current crude oil inventory through bulk sale agreements

** Adds that its only downstream crude oil buyer suspended crude oil purchases in early October due to maintenance and upgrades at the buyer's refinery storage tanks

** The company’s net loss widened to $269.3 million, compared to $110.4 million in the same period last year

** As of the previous trading day’s close, the stock had declined 78.6% for the year

(To facilitate non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of the translated texts and provides them for readers' convenience only. Reuters shall not be liable for any damages or losses caused by the use of automated translation functions.)